Financing Your Business

Successful day-to-day operations require an uninterrupted supply of  capital.  That’s where Citizens Deposit Bank fits into your financial picture.  Whether you need to finance growth, cover timing gaps in collecting revenue, or simplify your monthly vendor payments, Citizens Deposit Bank’s tailored financing options will help you meet the challenges of running your business. We will learn about your business and help you choose the right credit product to meet your specific needs.

Commercial Loans and Lines of Credit

Revolving Line of Credit

A revolving line of credit can help you manage fluctuating cash flow and short term credit needs like seasonal purchases and operating expenses.  Draw funds, pay them back, and draw them again to cover short term working capital needs.

Business Equipment Loan

When you make the decision to purchase equipment for your business, we can set up an interest only loan for up to six months that allows time for the equipment to be purchased and implemented.  After six months this note converts to a fully amortizing term loan.

Business Term Loan

Whether you need equipment, computer systems, long term working capital or debt consolidation, you can borrow just what you need in one lump sum at a competitive interest rate. And, your repayment terms can be designed to match your business cash flow.

Real Estate Construction Loan

An interest only loan that is utilized to fund construction of a new company building or expansion, then converts to a fully amortizing mortgage loan with a term up to twenty years.

Real Estate Mortgage Loan

A loan to fund the acquisition of existing real estate where your company will be located as well as a loan to expand, reposition or refinance your existing property.  CDB offers terms of up to twenty years and your interest rates can be fixed for up to five years before adjustment.

Agriculture Loans

Citizens Deposit Bank is proud to be one of the leading ag banks in our area. Farming provides a desirable way of life that we can enjoy, but must also be treated as a sophisticated business. We take pride in continuing to provide our ag customers with local decision-making and high quality service and products.

Our experienced ag lenders would be glad to visit with you to discuss all of your ag financial needs.

  • Operating Loans
  • New and Used Machinery
  • Livestock
  • Beginning Farmer Loans
  • Equipment Leasing
  • Agri-business loans of all types
  • Farm Service Agency Guaranteed Loans
  • Real Estate Purchases or Refinancing